{"id":53610,"date":"2021-10-27T18:13:29","date_gmt":"2021-10-27T14:13:29","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=53610"},"modified":"2021-10-27T18:13:35","modified_gmt":"2021-10-27T14:13:35","slug":"market-drivers-european-session-27-10-2021-2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/market-drivers-european-session-27-10-2021-2\/10\/27\/market-updates\/","title":{"rendered":"Market Drivers \u2013 European Session 27-10-2021"},"content":{"rendered":"\n<p>US stocks rose slightly at the open on Wednesday, supported by a fresh batch of strong earnings reports.<\/p>\n\n\n\n<p>The Dow Jones Industrial Average rose 78.55 points, or 0.22 percent, to open at 35,835.43 points.<\/p>\n\n\n\n<p>The Standard &amp; Poor&#8217;s 500 index rose 5.43 points, or 0.12 percent, to 4,580.22 points.<\/p>\n\n\n\n<p>The Nasdaq Composite Index rose 40.29 points, or 0.26 percent, to 15,276 at the open.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The dollar index fell 0.1 percent, while US 10-year bond yields fell to their lowest level in a week, reducing the opportunity cost of buying non-yielding gold.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The price of gold in spot transactions rose 0.1 percent to $ 1784.66 an ounce (an ounce) by 1214 GMT, after declining by about 0.6 percent earlier in the session. US gold futures fell 0.1 percent to $1,791.40.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The US dollar recorded a slight decrease today, Wednesday, in light of the weak yield of US bonds, as the US 10-year bond yield recorded about 1.591 percent, down by more than 1%, while the US 20-year bond yield recorded about 1.995%, down by approximately 1.24%. Also, the US 30-year bond yield recorded 2.013%.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Bitcoin (BTC) fell sharply on October 27 below $60,000 to its lowest level in two weeks. Bitcoin is approaching $58,000 at the time of writing, hitting its lowest level since October 15.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stocks rose slightly at the open on Wednesday, supported by a fresh batch of strong earnings reports. The Dow Jones Industrial Average rose 78.55 points, or 0.22 percent, to open at 35,835.43 points. The Standard &amp; Poor&#8217;s 500 index rose 5.43 points, or 0.12 percent, to 4,580.22 points. The Nasdaq Composite Index rose 40.29 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52585,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6928,6911,6864,6837],"class_list":["post-53610","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-euro","tag-europe","tag-european-stocks","tag-eurozone"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=53610"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53610\/revisions"}],"predecessor-version":[{"id":53612,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53610\/revisions\/53612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52585"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=53610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=53610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=53610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}